Property Details
| Sold Price | $7,000,000 |
|---|---|
| Last Asking Price | $7,499,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | Not yet assessed |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1967 |
| Closed Date | 12/18/2025 |
| MLS # | F10501504 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
From the listing
Rare opportunity to acquire a fully leased, 100% NNN commissary kitchen and entertainment venue offering an 8% cap rate. Commissary kitchens are in high demand and hard to replicate due to high buildout costs and zoning hurdles—especially in urban areas. Located just east of I-95, the property services Downtown Fort Lauderdale, Oakland Park, and Wilton Manors within a 15–20 minute drive.The property is occupied by two experienced tenants, providing stable income and credit strength. With one lease nearing expiration, there’s potential for owner occupancy. Features include dock-height loading bays and ample surface parking, ensuring operational efficiency.This turnkey asset combines strong cash flow with long-term flexibility in a high-growth, supply-constrained South Florida market.
Listed by Native Realty Co.
Sales History for This Home · 4351 NE 12th Terrace, Oakland Park, FL 33334
Sales history is unavailable for this property
Listed by Native Realty Co.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Oakland Park and throughout South Florida.
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Location
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